Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Layoffs on Monday and Tuesday

November 6&7. Is it really 10% across the board for all organizations and departments? Is it really going to be 5000 employees? Any MDs/directors to employees ratio in this layoff round? Any useless EC members impacted? EC members like RR who spend... — read more 

Stop acting surprised

Why do any of you start threads or make comments as if anything these leaders or Hr do is surprising ?

Promotions

Anyone know if this years promotions are now finalized?

3 pillars

Have no fear. We have three new pillars… That’ll right the ship. Managements already regurgitating all of the three pillar, talking points, and even making us all sit through nonsensical team meetings, trying to get us to state how our jobs fit... — read more 

Layoffs Date: please be considerate & compassionate

Reading this forum and seeing conflicting November layoffs dates! Unless you have specific and reliable information on layoffs please don’t post about layoffs dates. Are you a manager with a list of employees to lay off this week or next week? It’s... — read more 

Taking your processes

Anyone else notice that other teams are trying to be aligned with your processes? Processes they’ve never done .I’ve noticed it happening and especially with this bs lighthouse automation project. And none of your mgrs are saying anything to stop it... — read more 

CEO Performance

By the most important metric there is, the stock price, Robin has pretty much failed. Down 10% this year is pretty bad. Now the whispers are we are cutting 10% of the workforce. Does Robin’s comp reduce by 10%? The opposite. Talk about failing... — read more 

Support of PAC

what a freaking tone deaf joke. Every year I’m amazed when I get this email. As if the companies interest are aligned with my interest - this place is about as corrupt as the government….. you think I’m gonna support who Vince says I should support... — read more 

RESEA

Has anyone from the September RIF been selected to participate in the mandatory Pennsylvania RESEA program? If selected, you must participate in order to keep your benefits.

Navops

Do any manager know if the are just layoff everyone in navops offshore reached and wants to be trained on everything we do in next week. Is this the plan they can't even handle the task they have

Benefits enrollment

Anyone see anything on this ? usually we already have the emails to start the enrollment process

Work From Anywhere

Question regarding Work From Anywhere: are the WFA days meant to be a direct substitute for in-office days or do these get deducted from the overall number of days subject to 60% in-office? If one needs to be fully remote for a week, do you input 3... — read more 

Looking Foolish

So I very recently met with family and friends who I had not seen in quite some time. Of course “back in office” came up as a topic. Jaws literally dropped when I explained that the major GSIB I work for color codes its employees based on badge... — read more 

401k match

For those who were hired in 2019 or prior, do we receive 401k match if we are on payroll on Nov 1st? I need to know urgently. I called HR - they said such employees will be considered grandfathered and will be given a match, but he was not sure... — read more 

Days off

If we are out one day of the week, do we need to do in office 3x?

COBRA decision date?

Hey team! Is anyone aware of the due date for opting into COBRA and when our benefits conclude?

Layoff article

https://www.linkedin.com/pulse/rise-fall-look-bny-mellons-layoff-history-edward-standley/

Clown show

This bank looks more and more like a clown show instead of a serious financial institution. Can you remember when this ELT made a good move that actually benefited either us or the bank in the long term? I certainly can't. Then they are shocked when... — read more 

by
| 32624 views | | no replies yet
Post ID: @OP+1peYm7Bw

Year End Reviews Email

Was there an email sent out advising of the deadline of when our comments were due? If so, wondering if those who did not get the email - does this mean we are part of the November layoffs

Q3 results of JPM, Wells Fargo & Citi

https://dailyhodl.com/2023/10/20/84500000000-exits-jpmorgan-chase-wells-fargo-and-citigroup-in-three-months-as-depositors-take-flight/ ......and that's how they address their shareholders. Meanwhile, everything should be fine under GRU's leadership... — read more 

November layoffs

Any Managers here with insider knowledge to confirm November layoffs? Have you been asked to provide lists?

Why hasn't Michael Lewis met with his directors?

I know he's met with Ram's directs, but he hasn't said boo to the next level. What with Ram being awol, not that's a bad thing, it seems like we're back into status quo of waiting for the other shoe to drop.

by
| 43498 views | | 3 replies (last )
Post ID: @OP+1pboKgbJ

Performance Reveiw

Since the process has been bumped up to start this month, and will conclude early Dec, will bonus amounts be communicated in Dec? Which pays out end of Jan

Israel and the other Regions

Hi, What is it with the firms communication around what is happening in Israel and Palestine? They never reference Palestine and only ever refer to it as Other Regions.

Gen Z quiet quitting and Banks quiet cutting

Gen Z is quiet quitting because they have seen millennials suffer through economic hardship. https://www.businessinsider.com/gen-z-quiet-quitting-work-ethic-millennials-money-struggles-2023-10 Whatever the motive of GRU is or he might have... — read more 

Citigroup leads by example

https://www.efinancialcareers-gulf.com/news/2023/10/citigroup-job-cuts They must learn from Citigroup how layoffs are conducted. Citigroup is going to layoff one layer of management. Here we are increasing layers of Director's and senior directors... — read more 

Start a new thread - post a news comment, question or message:

: